🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Bitcoin Run-Up Shows Vulnerability to Unwinding — Market Talk

Bitcoin Run-Up Shows Vulnerability to Unwinding — Market Talk

Bitcoin is down 0.8% to $65,884 — hitting resistance at $66k to $68k and potentially unwinding further, says analysts with Bitfinex in a note. That's because spot trading volume is light meaning that there's little underpinning the current rally. "The recovery appears to be driven primarily by deriv

SEC Settles FOIA Suit With Coinbase. The Agency Pays $150,000 Over Lost Gensler Text Messages

SEC Settles FOIA Suit With Coinbase. The Agency Pays $150,000 Over Lost Gensler Text Messages

The US Securities and Exchange Commission has agreed to pay $150,000 in legal fees to settle a Freedom of Information Act lawsuit brought by Coinbase.The suit closes a two-year dispute over internal records from the agency's crypto enforcement campaign under former Chair Gary Gensler.The agency's in

Crypto ‘wrench attacks’ persist as total climbs to 52 and value targeted jumps more than tenfold, CertiK says

Crypto ‘wrench attacks’ persist as total climbs to 52 and value targeted jumps more than tenfold, CertiK says

While the frequency of crypto "wrench attacks" slowed during the second quarter, incidents continued, bringing the first-half total to 52, CertiK said in a report published Wednesday.One of the most notable trends so far this year, according to CertiK, is the amount of money stolen or demanded by at

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon

Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions.Key points:Bitcoin limits its comedown from five-week highs despite fresh escalation in the US-Iran war.US stocks also ignore the potential risks, as analysis warns that shorts could pay as a

Digital Chamber sues Illinois officials over new state 0.2% crypto tax

Digital Chamber sues Illinois officials over new state 0.2% crypto tax

Cryptocurrency and blockchain advocacy organization The Digital Chamber is suing the State of Illinois over the state’s 0.2% tax on crypto transactions expected to go into effect in 2027.In a Tuesday filing in the circuit court of Sangamon County, Illinois, the Chamber alleged that the Illinois stat

SEC reaches settlement with Coinbase over records requests from Gensler era

SEC reaches settlement with Coinbase over records requests from Gensler era

The U.S. Securities and Exchange Commission reached a settlement with Coinbase on Wednesday, ending a years-long legal dispute over the agency's handling of records requests tied to the prior administration.On Wednesday, in an op-ed published by The Wall Street Journal, Coinbase Chief Legal Officer

Bitcoin analysis eyes ‘serious volume’ after Binance sees 9K BTC daily outflow

Bitcoin analysis eyes ‘serious volume’ after Binance sees 9K BTC daily outflow

Bitcoin (BTC) buyers are showing “better absorption” at $65,000 after Binance saw its largest net outflow in nearly two years.Key points:Bitcoin exchange outflows are back on the radar after Binance sees net 9,000 BTC daily withdrawals.Seller absorption is improving, even amid sideways price action,

Key facts: ADA/USD under 50-day EMA; TVL, activity fall after upgrade

Key facts: ADA/USD under 50-day EMA; TVL, activity fall after upgrade

ADAUSD hit resistance around the 50-day EMA ~$0.1770–$0.1782, slipped ~1.5%, trading below the 50-day EMA. Support: $0.1629; break could target $0.1486. Upside: $0.2205.ADAUSD: July 18 on-chain upgrade aimed to cut smart-contract fees. Post-upgrade on-chain activity hit a 45-day low; TVL fell to ~$6

Polymarket intends to challenge France's decision to block its website

Polymarket intends to challenge France's decision to block its website

Polymarket intends to challenge France's decision to block its website in the country, the prediction markets platform said in a statement on Wednesday.France's National Gambling Authority had blocked access to the website last week, citing concerns it could expose users to significant gambling loss

Zilliqa halts native transactions over bug in its Ledger app dating to 2019

Zilliqa halts native transactions over bug in its Ledger app dating to 2019

Zilliqa has suspended native ZIL transactions after uncovering a critical vulnerability in its Ledger application that has existed since 2019, making private keys used for affected transactions recoverable from publicly available onchain signatures.In a statement posted to X on Wednesday, the Zilliq

Geopolitics, Earnings Sway Market Sentiment

Geopolitics, Earnings Sway Market Sentiment

CANBERA (dpa-AFX) - The escalating geopolitical conflict between the U.S. and Iran overwhelmed markets as crude oil prices spiked further in response to the disruption in key transit routes. Fading hopes of a diplomatic resolution dampened sentiment, stoking inflation fears and pushing bond yields h

‘Optimistic signals’ meet a $68,000 wall as bitcoin’s recovery faces its next test: analysts

‘Optimistic signals’ meet a $68,000 wall as bitcoin’s recovery faces its next test: analysts

Bitcoin traded above $65,800 on Wednesday, its highest level in more than a month, as spot bitcoin exchange-traded funds extended a run of net inflows to a sixth straight session.The funds drew $203 million on Tuesday, according to SoSoValue, whose figures cover U.S.-listed products only. Spot ether